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the carolina watchman tvf flowttk ccliectw equal and exact justice to all vol xliii no 2 salisbury n c thursday march 26 1896 established 1382 popular monet good words for free silver j fitly spoken another silver state in view v dia tribe against sound money-gov ernment should pay in silver dol lars cleveland carlisle the new york chamber of commerce and the asso ciated banks have declared for the british gold standard now what are | the southern cuckoos going to do about it do they propose to stay in the democratic party and vote for the restoration of silver or will they bolt â€” atlanta constitution *** prime minister favereau replying to a question asked in the chamber of deputies at brussels belgium assured the house that the goverum nt recog nized the importance of international bimetallism and would acquiesce in any measure that would ensure by in ternational agreement stability in the money exchauge of gold and silver â€¢*. speaking of the work of the free coinage men in congress judge crisp will appear in georgia very soon to make speeches for free coinage he will speak at a number of different points in the state and will probably remain in georgia for several weeks the free coinage congressmen predict that four-fifths of the counties of the state will send free coinage delegates to the state convention â™¦*â€¢ another silver state the senate committee on elections has reported favorably the bill to ad mit new mexico to statehood this bill passed the houso in the last con gress but the senate then refused to pass it coming just after mr cleve land's new york speech in which he eo viciously criticised the population of the territories it is rather significant that the senate committee should have reported this bill it means no more nor less than that the free coinage men are in the saddle in the senate and propose to add two more votes to their already large majority in that body new mexico has by virtue of popula tion been entitled to admission to statehood for many years only the anti-silver feeling in congress has kept it out this no longer exists there fore it may be assumed that new mex ico will be admitted to statehood by this congress and that arizona and perhaps oklahoma will also be admit ted *â™¦â™¦ utterances of american leaders gold and silver at rates fixed by congress constitute the legal standard of value in this country and neither i congress nor any state has authority to | establish any other staudurd or dis place the standard congress has no power to demonetize silver any more than to demonetize gold ; no power to demonetize either than to demonetize both â€” daniel webster no power was conferred on congress to declare that either metal she a not be money â€” james g blaine gold and silver should be put upon a perfect equality as of yore in the ratio of 16 to 1 all the gold and sil ver that can be produced to our mints should be coined alike tho coin should be kept in the vaults of the treasury and certificates given in cases where certificates are preferred these coin certificates should be the cur rency of the country they would be the best in the world â€” alexander h stephens as a result of the war corporations have been enthroned and au era of high prices will follow the money power will endeavor to prolong its reign un til wealth is aggregated in the hands of a few and tho republic be destroyed â€” abraham lincoln â€¢** sound money if the howlers for sound money were called to defiuo just what they mean by the term so flippantly used tbey would be concerned to the pitiable plight of figurating in generalities of coming equarely down to the cleveland notch of only gold this is the wall street demand as represented by carlisle and cleveland soundness only has reference to per manaucy and stability and the silver dollar is ju6t as sound as tho gold dol lar when unbiased by legislative pro tection or prejudice the proposition may be laid down that any money is sound which has a fixed value and is not liable to disturb ing fluctuations whatever may be its unit basis the scarcity of gold gives it one value legal protection gives it another tho same law of supply and recognition gives silver its value the difference is in the fixed esti mates of two fixed quantities with out legal restraint the value of an ounce of gold would be liable to as much variation as that of an ounce of silver measured from some other fixed quality that might exist as a medium of exchange the distinction of quali tative value has no bearing it does not matter even if thirty parts of sil ver are only eqnal to one part of gold so that the value is reliable and perma nent the question of soundness only relates to permanency there is no need to go into the shoddy consecrated vaults of wall street to study the financial question when the system is wrong the ebbing pulse of trade and industry and the horde of idleness tell the story wheu property ceases to have a sell ing value and no investment can be relied upon to sustain credit it is be cause money las been giveu a ficti tious value and the owners believo that by holding it they can buy still moro property an the greater distress prevails when real estate will not bring its price of taxition and cost6 at the courthouse door people should be im pressed with the act that complete centralization i near at hand aud the silver r is the only meana of stayiuk f 1 calamity â€” brunswick go i -.- advertiser j an alabama view of it from tin fojumbrtÂ«?,(aa ledger a free s ; iv^r uiin to!d me today thai the inn maj â€¢ r i 1 y of votes f<-r john ston in morgan eotlnly ala was no f-u'pri-o to him he said that if the question was left to the people td set tle the government would be coining silver free inside of a month tho mass of the people he remarked are naturally in favor of silver for the mass of the people see and use nothing but silver and why uaid he for the simple reason that gold has stopped being the money of the peo ple and has become tho money of the syndicates nnd the speculators and manipulators of stocks nnd bonds and they have even compelled tho govern ment to go into a business where money alone is the article bought and the article sold % buying gold today to be sold tomorrow issuing paper re deemable in gold and buying gold to redeem the paper ignoring the metal which has been current since the world was made this man seemed to be so enthusias tic over the subject that i questioned him further why he said it does sound so ridiculous to me to hear the people snorting about sound money and the gold standard who do not see a piece of gold once in five years who hardly know the color of the metal and yet becaiise they are in some way con nected with or led by some one who owns Â» lot of bends they shout when he shout and when he says thumbs up thumbs go up and when he says thumbs down down they go he further remarked : it is also ridiculous to hear so much about sound mouey when nobody uses what they call sound money all tho so called sound money is tied up sealed up boxed up and double locked and barrci up iu the banks and has ceased entirely to be the money of the peo ple it is the money of the favored class and when they get it they hold on to it like grim death to a dead negro it seems to me said he that if they wish to make it the popular money tloy *-~ uvimiiit more of it in circulation nothing is popular that is unfamiliar to the people another thing said he which those who are in authority had just as well remember is that neither party has honestly tried to find and put into practical use a remedy for the existing disturbance of the money question and i you may be sure that the mass of the people the voters have pondered deep ly over it aud that all of them are not fouln there lave been and still are many means in use to educate the musses up to the proper conception of the situation the question las been so ably and t-o freely discussed both in the newspapers and on the rostrum that the people's eyes have been opeu ed to tho true stuation and while the majority are mute in voice they will speitk in tones that will be heard the world over when the time comes to vote and that is the very thing the politicians are dreading and many of them are hedging day after day as i hey see the handwriting ou the wall they are looking for a daniel to trans late for them but the people are bil ent and are only waitiug for a chance to upeak " **â€¢ payable in silver dollars from ihe nasbvilla sun the government has tho legal right to pay our obligations iu either silver or gold or both at the option of tbe government and yet they are payable in gold only aud the people run deeper nnd deeper iu debt to do eo tbe right to exercise this option has been repeatedly declared by con gress stanley matthews senator in 1878 from the non-silver-producing state of ohio introduced iu the senate on de cember 6 1877 the following resolu tion : lie it resolved â‚¬} ui ! â€¢ l m>a'e ihe hou*e of representatives concum.igth ein that all the b<>n is of the dnited'statea issued or^rlior . ized to bo issued under the gai * at i-uigress hereinbefore recited art payable principal and interest at the option of t lie government of the united states in silver dollars of the coin uge of the united states containing 412 grains each of stamlaul silver and that to re store to iti coinage such silver coiiici as a lef<al endcr in payment of ai<l bonds irincipal and inuvs is not iu violation of the public faith nor in derogation of the rights oc the pu'uli c creditor ou january 25 1878 it passed the senate by a vote of 12 yeas and 20 nays in three days thereafter it passed the houso by a vote of yeas 189 ; nays 70 every member of congress senate aud house â€” from tennessee â€” rppubli j can and democrat voted for this reso lution save senator harrip who wss paireel in favor of it senator matthews in discussing the resolution used tho following strong language that faintly describes the condition of things now he said : "* * â€¢ but my statement is that gold has risen in value with all com modities and therefore with silver and with silver only because it has risen in value with all commodities i have tbe testimony of my observa tion ; i have the testimony in tbe list of bankruptcies which i read i have the testimony in tho sheriffs sales i have noticed ; i have the testimony of prices to which real estate has sunk urn i eonl ! recount instances in that city which 1 believe today[the soundest and must properous one on the conti nent where business has beeg trans acted the least on credit â€” i mean the city in wlich i live cincinnati â€” where tiie depreciation in real estate and in every article of property other than gold itself has been actually un exampled what else means all this cry of discontent what else means all the half suppressed murmur of dissatisfaction do gentlemen suppose that people are crying out when they suffer no pain do they suppose that the voice of lamentation comes up from the homes and houses of the people merely that they may hear themselves shriek and cry or is it the truth and is it tho fact that the distress of the coun try is beyond all historical comparison in our country and that today it will require but a few more turns of the wheel to submerge tho majority of the body of the people into hopeless bank ruptcy so theu mr president on any ground and any view that i am able to take if we restore the silver dollar to its farmer and accustomed piece incur legislation in our coinage and iu our currency we nre rtill pay ing the public debt find al private debts according to a large ami a full and overflowing measure of value spain calls out the reserves spain has decided to call out 60,000 more reserves uniform bales reasons why we should have a standard cotton balk extract from a paper endorsed by the american cotton growers pro tective association the american cotton bale compares very unfavorably to that from any other country nearly all bales of east indian cotton for example when they arrive in europe are as neat as a bale of dry goods while our bales look as if they lad been in a cyclone the indian bale being smaller and of uni form size viz 18x18 inches is better packed and contains from 45 to 55 pounds of cotton to the cubic foot the american bale averages about 22 pounds to the foot and varies in size from 28x54 inches to 40x70 inches naturally this dooh not improve the price of american cotton no com press could reduce these bales to the same density as indian cotton ; in fact if the bale be over 28x58 inchee no compress can press it to 22f pouuds to the foot and hold it lhÂ«-ro but if our bales wero uniform iu size say 28x58 inches any compress can press them to 30 pounds to the cubic foot aud thus save the american cotton growers in round figures fifty cents per bale in freight aloue thin comes to four mil lion dollars per year to say nothing of the saving in insurance loss in weight dirt etc more than half tbe american crop is exported to foreign countries in steam vessels aud the charter rates on the ships are figured according to their cubical capacity ; the more cotton can be loaded into a cubic foot of space the cheaper the ship can carry it per pound for this renson vast sums have been spent in the improvement of compi-eshoh but we do not get the benefit we should from their work be cause of the condition in which the cotton comes to them because of this the east indian planter gets his cotton carried half around the world for about what the american pays for one-third of the distance tho standard of density at southern ports is 221 pounds per cubic foot if this could be brought up to 25 or 150 pounds there would be au imme diate cheapening of freight rates which would go directly into the price paid to the producer since the dealer's selling price is fixed by tho trade con ditions and he deducts all expenses from it to get his buying price if cotton compressed to 22 i pounds to the cubic foot can be carried for 50c per 100 pounds from galveston or new orleans to a european port which on au average texas bale of 525 pounds amounts to 82.62 tho ship would car ry cotton of 30 pounds density for 1.98 per bale saving g4 cents or about one-eighth of a cent per pound the only thing that stands in the way of increasing the density and thus cheapening freights is the irregular sizes nnd ungainly shapes of tbe bales fkid the loose and irregular packing of their contents caused by tlio varying sizes of the gin-boxes and the improp er methods of filiing thorn tbe jawk of compresses are 32 inches wide it a bale of cottou already i!2 inches wide is put into aprees when the pressure is applied it spreads out to the sideb and there is nothing thore to hold it bo that when the pressure is taken off it is soft and ungainly and occupies twice the space it should the result is that when it reaches the port tap ship rejects it and the shipper must have it recompressed at an expense of 60 to 75 cents per bale or pay an equiv alent in extra freight to the ship which of course the producer loses in tho end furthermore these ungainly bales are much moro liable to waste aud damage than smaller one a pattern of bagging does not cover a 36-iuch bale as well as one 28 inches wide and therefore leaves the cotton exposed to damage and to be rubbed off or plucked off in handling also when a bale is too long to go into it proper place in the ship the stevedores are very npt to cut the ends off to make it fit all these things are taken into ac ! count by the currier the insurance j man tbe dealer the spinner and duly i charged for and the farmer pays the bill also there are gin3 in use in which the cotton is fed into th baling box from both sides in such a manner that f the bale is really in two parts which j do not knit together in the cei.ter so j that when heavy pressure is applied the â€¢ bale gives way in the middle and i spreads out to the sides so thai no i compress can make a merchantable j bale of compressed cotton of it it is claimed that gin manufacturers are increasing the sizes of the bozea every year and this is probably true as the compresses nnd their per een age of rejection for density increases i yearly the explanation given for tnis increase in size is that a long wide bale can be more loosely packed and therefore the gin can run with lea | steam and of course tho giu using least 6team sells cheapest dut as you will see from tho figures given above this ia a saving at the spigot and a waste at the bunghole the cotton exchanges the maritime associations the buyers and the com ] presses have all tried to reform the baling of cotton and accomplished nothing the farmer pays the losses ! resulting from the present condition of \ things and alone hna the power to apply the remedy how shall yon do it adopt a stand < ard bale of uniform size and with th contents evenly distributed through out and demand it of the ginuer to make it as easy as possible for him to conform to make your standard not exceeding 2s inches in width nml 58 inches in length let each and every one of you nt once make it his business to person ally examine every gin in his vicinity and see that the baling box is altered to the standard size texas division amebican cotton growers protective association waco texas february 24th 1896 to ihe cotton growers and cfinners of texas gentlemen â€” your attention is called to the attached paper on standard cotton bales read to the american cotton growers protective association at memphis tennessee january 2'5rd 96 and at the meeting of the texas division of said associa tion held in waco the 18th instaat at which meetings a standard size of twenty-eight inches in width by fifty eight inches in length was adopted j and the same has been approved by the i maritime associations and cotton ex changes smaller bales are not ob jected to but they must not be larger the reform advocated in this paper ! is one of vast importance to the cotton ! growers and handlers of texas and we ! have no doubt the pinners will be j moved by their public spirit to aiÂ»l the movement the compress has long felt the in justice of paying large clitims for re compression at the p^rts of bales which it was impossible to properly compress in the first place and they will soon give notice that they will no j longer pay such cluiius the railroads i will then protect themselves by charg j ing the claims up to tho shipper the buyer in turn will refuse to buy the large bales except at a discount ; and this will leave tht firmer to stand the discount or else have his cotton ginned j at a gin which mak.^s n standard sized i bale or less if your baling box turns out a bale larger than twenty eight by lifty-eiglit j inches will you not at once alter it to conform to that standard kindly give this matter your prompt i attention yours very respectfully e s petebs president p s â€” all farmers into whose hands this may come are requested to urge tho giiiuttn to conform to it wyÂ»a â€” where the new naval vessels arc to ) lie built the house commiti nnaval affairs has completed th section of the naval appropri ation bill providing new vessel for the navy it is provided that one of the four ba puipa r mmended shall be built on th pacifl ast one torpedo boat on tl â€¢â– pa coast one torpedo boat on thi g ill ind on on the mississippi river five of tketorp i boatsareto haven speed oi at leas 25 kc '-. and the remaining ten the highest ; â– â€¢â– â– 1 | es sible the flve will be the larger boats bidders for torpedo boats can bid for any number t!i<v see proper the boats to 1 obstructed on the pa i coast the gulf and the mississippi an i built t these points it th "â– â€¢ â– f â– â– ustruc tionisnot excessive in case it is exces sive they are to be built anywhere the presi dent may decide the committi mpleted the i ill and authorized mr !: mtelle to report it t house after concluding the ship clause ol the bill the consideration of dry dock wa3 renewed heretofore th mmittee bad voted for tor timber dry dooks ne at portsmouth n ii another at algiers la an<l n third al mare island cal the motion was made to reconsider the recommendatli u and after consideral '.<â– discussion it was de cidedbya vx>teof7to i to strike ail the dock out r-f t"h bill chicamauga national park a report congratulating the commis sion work agreed to the joint committ n the dedication o the chicamauga military park senator palm er chairman have agreed upon a pre nary report and appointed gen h v boyn tou to compile th full report of the dedica tory exercises the report contains an o it line fall pro dings during the dedication weeks and a list of official participants both stat and national commends tho work of th park commission and the â€¢ in dent preparation tor the dedication made on twbah ol the government i the secretary of war praises gnattan for the care ol the vast assemblage pr nts a concise statement ol the park project and its essentially national character as shown l.v the interests taken by all the 81 ites . ing troops engaged and th thoroughly im partial dealing of the park commission with both bides approves the bill making the park a national manoeuvering ground for the regular army end th militia and appr the plan now being pursued under the sec retary of war ol placing regimental n hnents and ether memorials on bridge lines i of battle and recommends that this plan â– ; adhered to henry o bowen.of brooklyn n y editor i of the independent died aged eighty-two ! he was expelli d from plymouth churo'a at the time of the berber trial because he pro i fessedto hare evidence of mr beeeners 1 guilt and refused to disclose it north state cdllings the holts op alamantk they own twenty cotton im in alamance county the newoneida cotton mill of bur lington n c will bo n be ready to receive the machinery the trick work of the main building having been com pleted last week and the roof now being put on et will be the lai mill building in that count of mills alaman.ce where li.ir â€¢â€¢â€¢ . mills in o eration t â– i ty of which kh owned by the bolts of \ an ace a family of cotton omnnfacturt re far and vide and consisting â€¢ brothers and th ir o 1 ers being themselves im j of the first cotton manufactur iu tl ! section of the south if not t>f the en tire south the late edwin m holt one of the brothers vn seven mills i averaging about 10,006 bpindlea each ! in the town of burlington \. â€¢ . almost in btone'a throw of < ach other and at the hea t of each of these mills is one of his si v n ns â€” ho preferring seven 10,000 spindle mills to one 70 000 spindle one an 1 experience has demonstrated thai there is much more money to be made in mills t that size this is the testimony of all southi rn i"ttcn manufacturers who have ' een asked their opinion on the subject by the industrial record's correspon lent a sharper on the rounds ho deceives tin kmiorscr am uets 295 from the bank of reidsvillc a young man walked into the iiank of reideville and presented i signed by f h burton on tbe plant ers national bank of danville j?2 ( 1 he raid his name was rotx rt l mcallister and that he had pi cured the check from one d l smith t whom it was payable who owed him a portion of the same the cashier de clined to cash tin check without be purity bo mcallister left and soon re turned with a letter of introduction rom mr h m piunix the bunk siill refused to advance any money ni ou the check until it was endorsed by mr l'iunix mcallister left again aud this time induced tin ix by a phv ible story to endorse the check ii then obtained the money aud bkipped walking south on the railroad later mr pinnix made inquiry and learnt 1 that the check was a forgery but of course he is liable for same mcallister is about 27 years d sallow faced wears a macintosh ooat light trousers a derby hat and has a small dark mous tache look out for him republican conven hon called to meet in raleigh m may 1 ih â€” preparing for fusion tho republican state commiti â€¢â– has called the state convention to meet in raleiph may ii to elect four di le gates aud four alternates to the na tional convention at st louis and t nominate a state ticket or such part thereof as may be agreed upon ft was decided ilmt the committee should meet the day before the convention *<>> examine into the prima face cases of contested delegates it there bhould be occasion for the performance f tins duty a resolution drawn by senator pritchard and adopted provided that a committee composed of a e holton b l grant and jan h youdg appointed to consider the question i co-operation with the populists in ; state and to receive sich suggestions is the populists may make regarding co-operatiuu aud to report to th stat coniniittee may 13 a butcher of m 'â€¢â€¢ r l douglas a man of family connections was arrested at a camp of tramps near salisbury foi over a month two detective - had been pursuing him he is wanted tor the murder of an unknown peddlei ruary 1st in tazewell county he a d the peddler were been climbing mountain and the following mon tho body of the tramp was found on the top of the mountain but hie money and valuables were all missing an other man had been killed and rob 1 a few nights ago and douglas is bus pected of this crime also flying from lynchers henry dowden the negro who mur dered engineer dodd of the seaboard air line at weldon apd who was con victed but appealed ha.s been taken t Â» ithe raleigh jail to prevent lynching he was driven over 80 miles through the country by the sheriff the su preme court will take up his case at the end of the docket prof tihett gets 10 ooo in the case of prof tillett i norfolk & western railroad the preme court affirmed the decision oj th lower court judge starbuck pre siding and prof tillet . gift 000 as sued for i rof i illett it will be remembered was hurt on the ; norfolk & western th reby losing th eight of his eyes gkÂ»v carrhas made requimtion on the governor of virginia for qi crawford colored an escaped convict the american association of pas senger and ticket agents th american asa and i â– ' most of i - ' ' election â€¢â– â– ' ' â– - ..' â– â€¢ - â– - â– â€¢ bom is a vampire national di-et has never been reduced one cent john clark rhpatli ll d discueas | the derllla vÂ»:>rk of the shylorkt i thrcujfh the agencies of the bond | aiij the dollar tho road john 1 irk ridpath ll d . lias an article in the january dum ber of the arena which should be read | and pondered upon bj every producer in j the country and by every man and j woman who has the welfare of our country at heart the article referred to is hc orsl of a series of three upon i the bond and the dollar and de bcribefi i he gen sia and evolution of a monster the schemes reported to moi y po â– â– r the result so far j am t.b inevitable slavery sure to fol low soon if something is not done to u throne the ! !.- who turned the greenbacks into an interest-bearing debt an 1 ton 1 the single gold btandard upon us are depicted by a â€¢â– :.'â€¢! hand john clark ridpath ran hardly be ! â– â€¢ â– ' ' down as a crank or his uttei me characterized as va gari i he is a scholarly gentleman ' who has an international reputation as i }â€¢,'â– torian his history of the united states the seven great races of j mankind ' hl toi - of the world " â– t nized â€¢ i es â– here as stand ard works he looks al i " question of \ the bond and tho dollar from the btandpoint of the historian and reaches conclusions which every honest reform er ran endorse as true tho article i should be read in full to be thoroughly appreciated g t a copy of the january arena and keep it for reference in his description of the genesis an evolution of a monster tho author pays in part war preys on two thingsâ€”life and property bul he preys with a partial 'â€¢ appetite feasting on life he lirks his jaws and says more by your leave devouring property he says between grin and glut this is so good that it ought to be paid for into the vacuum ! of the wasted life rush the moaning | winds of grief and desolation into the j vacuum of tlie wasted property rushes j the goblin of debt the wasted life is transformed at length into a reminis cent glory the wasted property be comes a hideous nightmare the he roes fallen ri-e from their blood cere ments into everlasting fame the prop erty destroyed rises from the red and flame-swop field as a spectral vampire sucking the still warm blood of the heroic dead and of their posthumous babes to the tenth generation the name of the vampire is bond on the first of march 1866 the na tkmal debt of the united states entailed by the civil war reached the appalling maximum of nearly three thousand mil liens of dollars the american people were inexperienced in such business they had never known the incubus be fore europe had known it but not america for a long time the public debt of the nation had been po small as to be disregarded now all of a sud den with the terrible exigencies of the war the debt expanded and settled over the landscape like a cloud from vesu vius darkening from shore to shore it was intended by those who first contrived the legal tender currency that it should be absolute money in the pay ment of all debts of whatever kind the supreme court of the united states hae since d cided by a voice of eight to one that congress possessed and pos pess^s the right and power to make buch a money whether in war or in peace the validity of the legal-ten der act is now a much a part of the constitutional history of the united states as the abolition of african slav ery bul they who were skillful in watching their own interests even in the throes of our national break-up and impending catastrophe adroitly con trived that th national currency should have an exception in it in favor of those who should lend their means to the government they who should make such loan should receive there for a bond and the interest on the bond as also the duties on imports of foreign goods was exempt from the legal tender of paper and reserved for coin * * * the party of the bond became skill ful and adroit * * * they under stood the situation perfectly and adopt ed as their method a policy embracing two intentions first to perpetuate the bond and make it everlasting by the postponement and prevention of pay ment second to increase the value of the currency in which all payments wr-re to be made that is to increase the value of the units of such payments as the payments should become due so thai whatever might be the efforts of the people to discharge the debt it should increase in value as rapidly as they could reduce it * â€¢ â€¢ for thirty years this game has been per sistently skillfully and successfully carried on * * * if the treasury should have to-day or in the year 1900 a surplus of six billions of gold the government could not call and cancel its bonds they were not made to be called and canceled but to be refund ed and perpetuated * * * besides the reduction in interest has been a reduction only in name in no case has the reduction been made until the value of the dollar of payment has been so enlarged as more than to bal ance the reduction the same thing is true of the payment of principal as well as the payment of coupon for thirty years the american people have been pcurlng into that horrid maelstrom the volume of their great resources they have paid on their debt or at least they have paid in this long period such a prodigious sum that arithmetic can haidly express it at the close of 1805 the interest account alone on the na tional debt had cost the american peo ple over 2,835,000,000 the imagina tion cannot embrace it and yet it is the truth of the living god that in the year 1893 at its close the national debt of the united states in its bonded and unbonded forms will purchase as its equivalent in value as much of the average of twenty-five of the leading commodities of the united states in cluding real estate and labor as the same debt would purchase at its maxi mum on the 1st of march 1866 the pc-cple have paid and paid for thirty years and at the end have paid just this nothing mr ridpath fur nishes facts and figures which prove isputably the truth of the above rtion ct all men know it let the world rr it let the common man ponder appalling statement of an unde niable truth let our national authori ties know it let the leaders of every political party have it shouted in thÂ°ir oars let every administration that bar been in power from the first of grant to the last of cleveland be told in trumpet voice that the publications put forth from month to month as statements from the treasury about the reduction of the national debt of three millions oi seven millions or ten millions have bf-en essentially and utterly false true i is that the debt has been nominally reduced according to the publications but it has never been so reduced for un til by the contrivance of those who pos sess it the purchasing power of the currency has been augmented fully as much as the equivalent of the pay thus from month to month and from year to year the astounding process has gene on and thus from year to year th judgment of the american people has been abused with the iteration and t elief that they were paying their debt wlipn in truth all the multiplied mil lions on millions and billions which they have paid have been simply con tributed to the fund-holding class whose claim after a lifetime is worth as much as it was at the beginning the resources of a great people have l>^en poured like a roaring river into a sinkhole that has swallowed all and the golden streams of the contribution have issued silently through a thousand unseen spouts into the private reser voirs of the holders of the debt the democratic party arkansaw kicker i mn the dc icratlc party you ort to hjb/e knower it when i driv up i ran against a snag in kentucky and fell in the soup in maryland i wasn't in it in ohio and got my eye knocked out in new jersey but i carried new york city and in mississippi where a nigger who would vote against me la not intelligent enough to vote i rolled up my usual majority and would have carried arkansas if an election had been held there i wanted a chance and got it and it has done me up i had the world by the tail and a down-hill pull but the haii slipped and the republicans grabbed my pie i'm a sort of a free-silver inside-the-party gold-bug low-tariff sugar-trust-free coal-and-iron monopoly states-rights government-by-injunction gold-reserve bond syndicate single-standard sound-eurrency international i money p baltimore-plan faternalistic father-of-a-mule struck by a locomotive bob ingersoll ? says there ain't no hell but if there was *" it couldn't kaze me â€” i'm done up . ;.;. already v ? goodbye drive mr to the graveyard the middle of the road slumber on you proud and haughtj swell-headed plutocracy and your ig imrant and misguided followers stoj your ears to shut out the truth clos your eyes to the vision of desolation before you do not let reason have it sway count as naught the logic ol events do not think of reason bu move on in ignorance blinded by pre judice you'll wake up by and by but your impotent rage will not avai you your derision and scorn of th people's movement of their struggle for industrial freedom only add strength to their purposes energy t their efforts and zeal for the cause lay on macduff and damned be hi who first cries hold enough " â€” new p;ressman u s hall of missouri rted as saying that somebodj k ought to anonunce that then torm brewing is it possibli r hall has not read senator till speech

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the carolina watchman tvf flowttk ccliectw equal and exact justice to all vol xliii no 2 salisbury n c thursday march 26 1896 established 1382 popular monet good words for free silver j fitly spoken another silver state in view v dia tribe against sound money-gov ernment should pay in silver dol lars cleveland carlisle the new york chamber of commerce and the asso ciated banks have declared for the british gold standard now what are | the southern cuckoos going to do about it do they propose to stay in the democratic party and vote for the restoration of silver or will they bolt â€” atlanta constitution *** prime minister favereau replying to a question asked in the chamber of deputies at brussels belgium assured the house that the goverum nt recog nized the importance of international bimetallism and would acquiesce in any measure that would ensure by in ternational agreement stability in the money exchauge of gold and silver â€¢*. speaking of the work of the free coinage men in congress judge crisp will appear in georgia very soon to make speeches for free coinage he will speak at a number of different points in the state and will probably remain in georgia for several weeks the free coinage congressmen predict that four-fifths of the counties of the state will send free coinage delegates to the state convention â™¦*â€¢ another silver state the senate committee on elections has reported favorably the bill to ad mit new mexico to statehood this bill passed the houso in the last con gress but the senate then refused to pass it coming just after mr cleve land's new york speech in which he eo viciously criticised the population of the territories it is rather significant that the senate committee should have reported this bill it means no more nor less than that the free coinage men are in the saddle in the senate and propose to add two more votes to their already large majority in that body new mexico has by virtue of popula tion been entitled to admission to statehood for many years only the anti-silver feeling in congress has kept it out this no longer exists there fore it may be assumed that new mex ico will be admitted to statehood by this congress and that arizona and perhaps oklahoma will also be admit ted *â™¦â™¦ utterances of american leaders gold and silver at rates fixed by congress constitute the legal standard of value in this country and neither i congress nor any state has authority to | establish any other staudurd or dis place the standard congress has no power to demonetize silver any more than to demonetize gold ; no power to demonetize either than to demonetize both â€” daniel webster no power was conferred on congress to declare that either metal she a not be money â€” james g blaine gold and silver should be put upon a perfect equality as of yore in the ratio of 16 to 1 all the gold and sil ver that can be produced to our mints should be coined alike tho coin should be kept in the vaults of the treasury and certificates given in cases where certificates are preferred these coin certificates should be the cur rency of the country they would be the best in the world â€” alexander h stephens as a result of the war corporations have been enthroned and au era of high prices will follow the money power will endeavor to prolong its reign un til wealth is aggregated in the hands of a few and tho republic be destroyed â€” abraham lincoln â€¢** sound money if the howlers for sound money were called to defiuo just what they mean by the term so flippantly used tbey would be concerned to the pitiable plight of figurating in generalities of coming equarely down to the cleveland notch of only gold this is the wall street demand as represented by carlisle and cleveland soundness only has reference to per manaucy and stability and the silver dollar is ju6t as sound as tho gold dol lar when unbiased by legislative pro tection or prejudice the proposition may be laid down that any money is sound which has a fixed value and is not liable to disturb ing fluctuations whatever may be its unit basis the scarcity of gold gives it one value legal protection gives it another tho same law of supply and recognition gives silver its value the difference is in the fixed esti mates of two fixed quantities with out legal restraint the value of an ounce of gold would be liable to as much variation as that of an ounce of silver measured from some other fixed quality that might exist as a medium of exchange the distinction of quali tative value has no bearing it does not matter even if thirty parts of sil ver are only eqnal to one part of gold so that the value is reliable and perma nent the question of soundness only relates to permanency there is no need to go into the shoddy consecrated vaults of wall street to study the financial question when the system is wrong the ebbing pulse of trade and industry and the horde of idleness tell the story wheu property ceases to have a sell ing value and no investment can be relied upon to sustain credit it is be cause money las been giveu a ficti tious value and the owners believo that by holding it they can buy still moro property an the greater distress prevails when real estate will not bring its price of taxition and cost6 at the courthouse door people should be im pressed with the act that complete centralization i near at hand aud the silver r is the only meana of stayiuk f 1 calamity â€” brunswick go i -.- advertiser j an alabama view of it from tin fojumbrtÂ«?,(aa ledger a free s ; iv^r uiin to!d me today thai the inn maj â€¢ r i 1 y of votes fa'e ihe hou*e of representatives concum.igth ein that all the b<>n is of the dnited'statea issued or^rlior . ized to bo issued under the gai * at i-uigress hereinbefore recited art payable principal and interest at the option of t lie government of the united states in silver dollars of the coin uge of the united states containing 412 grains each of stamlaul silver and that to re store to iti coinage such silver coiiici as a lefteof7to i to strike ail the dock out r-f t"h bill chicamauga national park a report congratulating the commis sion work agreed to the joint committ n the dedication o the chicamauga military park senator palm er chairman have agreed upon a pre nary report and appointed gen h v boyn tou to compile th full report of the dedica tory exercises the report contains an o it line fall pro dings during the dedication weeks and a list of official participants both stat and national commends tho work of th park commission and the â€¢ in dent preparation tor the dedication made on twbah ol the government i the secretary of war praises gnattan for the care ol the vast assemblage pr nts a concise statement ol the park project and its essentially national character as shown l.v the interests taken by all the 81 ites . ing troops engaged and th thoroughly im partial dealing of the park commission with both bides approves the bill making the park a national manoeuvering ground for the regular army end th militia and appr the plan now being pursued under the sec retary of war ol placing regimental n hnents and ether memorials on bridge lines i of battle and recommends that this plan â– ; adhered to henry o bowen.of brooklyn n y editor i of the independent died aged eighty-two ! he was expelli d from plymouth churo'a at the time of the berber trial because he pro i fessedto hare evidence of mr beeeners 1 guilt and refused to disclose it north state cdllings the holts op alamantk they own twenty cotton im in alamance county the newoneida cotton mill of bur lington n c will bo n be ready to receive the machinery the trick work of the main building having been com pleted last week and the roof now being put on et will be the lai mill building in that count of mills alaman.ce where li.ir â€¢â€¢â€¢ . mills in o eration t â– i ty of which kh owned by the bolts of \ an ace a family of cotton omnnfacturt re far and vide and consisting â€¢ brothers and th ir o 1 ers being themselves im j of the first cotton manufactur iu tl ! section of the south if not t>f the en tire south the late edwin m holt one of the brothers vn seven mills i averaging about 10,006 bpindlea each ! in the town of burlington \. â€¢ . almost in btone'a throw of < ach other and at the hea t of each of these mills is one of his si v n ns â€” ho preferring seven 10,000 spindle mills to one 70 000 spindle one an 1 experience has demonstrated thai there is much more money to be made in mills t that size this is the testimony of all southi rn i"ttcn manufacturers who have ' een asked their opinion on the subject by the industrial record's correspon lent a sharper on the rounds ho deceives tin kmiorscr am uets 295 from the bank of reidsvillc a young man walked into the iiank of reideville and presented i signed by f h burton on tbe plant ers national bank of danville j?2 ( 1 he raid his name was rotx rt l mcallister and that he had pi cured the check from one d l smith t whom it was payable who owed him a portion of the same the cashier de clined to cash tin check without be purity bo mcallister left and soon re turned with a letter of introduction rom mr h m piunix the bunk siill refused to advance any money ni ou the check until it was endorsed by mr l'iunix mcallister left again aud this time induced tin ix by a phv ible story to endorse the check ii then obtained the money aud bkipped walking south on the railroad later mr pinnix made inquiry and learnt 1 that the check was a forgery but of course he is liable for same mcallister is about 27 years d sallow faced wears a macintosh ooat light trousers a derby hat and has a small dark mous tache look out for him republican conven hon called to meet in raleigh m may 1 ih â€” preparing for fusion tho republican state commiti â€¢â– has called the state convention to meet in raleiph may ii to elect four di le gates aud four alternates to the na tional convention at st louis and t nominate a state ticket or such part thereof as may be agreed upon ft was decided ilmt the committee should meet the day before the convention *<>> examine into the prima face cases of contested delegates it there bhould be occasion for the performance f tins duty a resolution drawn by senator pritchard and adopted provided that a committee composed of a e holton b l grant and jan h youdg appointed to consider the question i co-operation with the populists in ; state and to receive sich suggestions is the populists may make regarding co-operatiuu aud to report to th stat coniniittee may 13 a butcher of m 'â€¢â€¢ r l douglas a man of family connections was arrested at a camp of tramps near salisbury foi over a month two detective - had been pursuing him he is wanted tor the murder of an unknown peddlei ruary 1st in tazewell county he a d the peddler were been climbing mountain and the following mon tho body of the tramp was found on the top of the mountain but hie money and valuables were all missing an other man had been killed and rob 1 a few nights ago and douglas is bus pected of this crime also flying from lynchers henry dowden the negro who mur dered engineer dodd of the seaboard air line at weldon apd who was con victed but appealed ha.s been taken t Â» ithe raleigh jail to prevent lynching he was driven over 80 miles through the country by the sheriff the su preme court will take up his case at the end of the docket prof tihett gets 10 ooo in the case of prof tillett i norfolk & western railroad the preme court affirmed the decision oj th lower court judge starbuck pre siding and prof tillet . gift 000 as sued for i rof i illett it will be remembered was hurt on the ; norfolk & western th reby losing th eight of his eyes gkÂ»v carrhas made requimtion on the governor of virginia for qi crawford colored an escaped convict the american association of pas senger and ticket agents th american asa and i â– ' most of i - ' ' election â€¢â– â– ' ' â– - ..' â– â€¢ - â– - â– â€¢ bom is a vampire national di-et has never been reduced one cent john clark rhpatli ll d discueas | the derllla vÂ»:>rk of the shylorkt i thrcujfh the agencies of the bond | aiij the dollar tho road john 1 irk ridpath ll d . lias an article in the january dum ber of the arena which should be read | and pondered upon bj every producer in j the country and by every man and j woman who has the welfare of our country at heart the article referred to is hc orsl of a series of three upon i the bond and the dollar and de bcribefi i he gen sia and evolution of a monster the schemes reported to moi y po â– â– r the result so far j am t.b inevitable slavery sure to fol low soon if something is not done to u throne the ! !.- who turned the greenbacks into an interest-bearing debt an 1 ton 1 the single gold btandard upon us are depicted by a â€¢â– :.'â€¢! hand john clark ridpath ran hardly be ! â– â€¢ â– ' ' down as a crank or his uttei me characterized as va gari i he is a scholarly gentleman ' who has an international reputation as i }â€¢,'â– torian his history of the united states the seven great races of j mankind ' hl toi - of the world " â– t nized â€¢ i es â– here as stand ard works he looks al i " question of \ the bond and tho dollar from the btandpoint of the historian and reaches conclusions which every honest reform er ran endorse as true tho article i should be read in full to be thoroughly appreciated g t a copy of the january arena and keep it for reference in his description of the genesis an evolution of a monster tho author pays in part war preys on two thingsâ€”life and property bul he preys with a partial 'â€¢ appetite feasting on life he lirks his jaws and says more by your leave devouring property he says between grin and glut this is so good that it ought to be paid for into the vacuum ! of the wasted life rush the moaning | winds of grief and desolation into the j vacuum of tlie wasted property rushes j the goblin of debt the wasted life is transformed at length into a reminis cent glory the wasted property be comes a hideous nightmare the he roes fallen ri-e from their blood cere ments into everlasting fame the prop erty destroyed rises from the red and flame-swop field as a spectral vampire sucking the still warm blood of the heroic dead and of their posthumous babes to the tenth generation the name of the vampire is bond on the first of march 1866 the na tkmal debt of the united states entailed by the civil war reached the appalling maximum of nearly three thousand mil liens of dollars the american people were inexperienced in such business they had never known the incubus be fore europe had known it but not america for a long time the public debt of the nation had been po small as to be disregarded now all of a sud den with the terrible exigencies of the war the debt expanded and settled over the landscape like a cloud from vesu vius darkening from shore to shore it was intended by those who first contrived the legal tender currency that it should be absolute money in the pay ment of all debts of whatever kind the supreme court of the united states hae since d cided by a voice of eight to one that congress possessed and pos pess^s the right and power to make buch a money whether in war or in peace the validity of the legal-ten der act is now a much a part of the constitutional history of the united states as the abolition of african slav ery bul they who were skillful in watching their own interests even in the throes of our national break-up and impending catastrophe adroitly con trived that th national currency should have an exception in it in favor of those who should lend their means to the government they who should make such loan should receive there for a bond and the interest on the bond as also the duties on imports of foreign goods was exempt from the legal tender of paper and reserved for coin * * * the party of the bond became skill ful and adroit * * * they under stood the situation perfectly and adopt ed as their method a policy embracing two intentions first to perpetuate the bond and make it everlasting by the postponement and prevention of pay ment second to increase the value of the currency in which all payments wr-re to be made that is to increase the value of the units of such payments as the payments should become due so thai whatever might be the efforts of the people to discharge the debt it should increase in value as rapidly as they could reduce it * â€¢ â€¢ for thirty years this game has been per sistently skillfully and successfully carried on * * * if the treasury should have to-day or in the year 1900 a surplus of six billions of gold the government could not call and cancel its bonds they were not made to be called and canceled but to be refund ed and perpetuated * * * besides the reduction in interest has been a reduction only in name in no case has the reduction been made until the value of the dollar of payment has been so enlarged as more than to bal ance the reduction the same thing is true of the payment of principal as well as the payment of coupon for thirty years the american people have been pcurlng into that horrid maelstrom the volume of their great resources they have paid on their debt or at least they have paid in this long period such a prodigious sum that arithmetic can haidly express it at the close of 1805 the interest account alone on the na tional debt had cost the american peo ple over 2,835,000,000 the imagina tion cannot embrace it and yet it is the truth of the living god that in the year 1893 at its close the national debt of the united states in its bonded and unbonded forms will purchase as its equivalent in value as much of the average of twenty-five of the leading commodities of the united states in cluding real estate and labor as the same debt would purchase at its maxi mum on the 1st of march 1866 the pc-cple have paid and paid for thirty years and at the end have paid just this nothing mr ridpath fur nishes facts and figures which prove isputably the truth of the above rtion ct all men know it let the world rr it let the common man ponder appalling statement of an unde niable truth let our national authori ties know it let the leaders of every political party have it shouted in thÂ°ir oars let every administration that bar been in power from the first of grant to the last of cleveland be told in trumpet voice that the publications put forth from month to month as statements from the treasury about the reduction of the national debt of three millions oi seven millions or ten millions have bf-en essentially and utterly false true i is that the debt has been nominally reduced according to the publications but it has never been so reduced for un til by the contrivance of those who pos sess it the purchasing power of the currency has been augmented fully as much as the equivalent of the pay thus from month to month and from year to year the astounding process has gene on and thus from year to year th judgment of the american people has been abused with the iteration and t elief that they were paying their debt wlipn in truth all the multiplied mil lions on millions and billions which they have paid have been simply con tributed to the fund-holding class whose claim after a lifetime is worth as much as it was at the beginning the resources of a great people have l>^en poured like a roaring river into a sinkhole that has swallowed all and the golden streams of the contribution have issued silently through a thousand unseen spouts into the private reser voirs of the holders of the debt the democratic party arkansaw kicker i mn the dc icratlc party you ort to hjb/e knower it when i driv up i ran against a snag in kentucky and fell in the soup in maryland i wasn't in it in ohio and got my eye knocked out in new jersey but i carried new york city and in mississippi where a nigger who would vote against me la not intelligent enough to vote i rolled up my usual majority and would have carried arkansas if an election had been held there i wanted a chance and got it and it has done me up i had the world by the tail and a down-hill pull but the haii slipped and the republicans grabbed my pie i'm a sort of a free-silver inside-the-party gold-bug low-tariff sugar-trust-free coal-and-iron monopoly states-rights government-by-injunction gold-reserve bond syndicate single-standard sound-eurrency international i money p baltimore-plan faternalistic father-of-a-mule struck by a locomotive bob ingersoll ? says there ain't no hell but if there was *" it couldn't kaze me â€” i'm done up . ;.;. already v ? goodbye drive mr to the graveyard the middle of the road slumber on you proud and haughtj swell-headed plutocracy and your ig imrant and misguided followers stoj your ears to shut out the truth clos your eyes to the vision of desolation before you do not let reason have it sway count as naught the logic ol events do not think of reason bu move on in ignorance blinded by pre judice you'll wake up by and by but your impotent rage will not avai you your derision and scorn of th people's movement of their struggle for industrial freedom only add strength to their purposes energy t their efforts and zeal for the cause lay on macduff and damned be hi who first cries hold enough " â€” new p;ressman u s hall of missouri rted as saying that somebodj k ought to anonunce that then torm brewing is it possibli r hall has not read senator till speech